Solvent wind-down · IBC Section 59

CAI Industries CBE Private Limited

U35999TZ1997PTC007799 · Company

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹2.10 Cr

Amount due to creditors

—

Amount paid to creditors

—

Liquidation expenses

₹0.05 Cr

Surplus to members

₹2.05 Cr

Time to dissolve

859 days

Commenced

7 Oct 2020

Dissolved

13 Feb 2023

Solvent voluntary liquidation under IBC Section 59 — a healthy company choosing to wind up. Creditors are paid in full and costs met before any surplus returns to members; there is no haircut or acquirer. Here, ₹2.05 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

Private